Southwestern Energy (SWN) Announces 55M Share Public Offering of Common Stock

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Southwestern Energy (SWN) Prices 55M Share Common Offering at $2.50/Sh

August 14, 2020 5:53 AM EDT

Southwestern Energy Company (NYSE: SWN) priced its previously announced underwritten public offering of 55,000,000 shares of its common stock (the offering) at a price to the public of $2.50 per share, before underwriting discounts and commissions. The total gross proceeds of the offering (before underwriter's discounts and commissions and estimated offering expenses) are expected to be approximately $137.5 million. In addition, Southwestern Energy granted the respective underwriters a 30-day... More